• Italy is famous for food as well as luxury: in January Princes, a British subsidiary of Japan's Mitsubishi Corporation, said it would buy 51% of a giant tomato-processing business in southern Italy.

    ECONOMIST: Chinese and other buyers snap up Italian brands

  • In 1944, the British Broadcasting Corporation aired a coded message intended to warn the French resistance that the D-Day invasion was imminent.

    CNN: Saturday,

  • In the days of advance corporation tax, a British subsidiary paying dividends to a British parent could escape that tax, but not if the parent was foreign.

    ECONOMIST: Company taxation

  • British Overseas Air Corporation was a precursor to BA, concentrating on long-haul routes in the early years of mass air travel.

    BBC: What next for BA?

  • About BBC Worldwide BBC Worldwide Limited is the main commercial arm and a wholly owned subsidiary of the British Broadcasting Corporation (BBC).

    ENGADGET: Netflix snags classic BBC shows in UK deal HD

  • Two days before his meeting with the queen, Mr McGuinness was closeted with Mr Robinson, jointly pressing British ministers for a reduction in the corporation tax.

    ECONOMIST: Politics in Northern Ireland: All shook up | The

  • Now under the ownership of a Chinese company, Shanghai Automotive Industry Corporation, MG is building a couple of new models for the British market.

    BBC: Chinese Premier backing the euro and the UK

  • As it happens, the finance director of a huge British multinational, Vodafone, recently wrote a letter to journalists explaining why it paid no UK corporation tax in 2011-12.

    BBC: Is government too scared of Google, Amazon and Starbucks?

  • The brand is now owned by a Japanese corporation, and enjoyed a revival when sported by British ace Andy Murray, although he subsequently signed with Adidas for 2010.

    CNN: Tennis fashion brands serve up a healthy return for players

  • Stung by criticism that the government lacked a strategy for boosting the economy, the British chancellor described his budget as pro-growth and made a further reduction to corporation tax.

    ECONOMIST: Business this week | The

  • In the Commons there was concern that the new laws would lead to a takeover of Channel 5 by Mr Murdoch's News Corporation, which owns 32% of the British newspaper market.

    BBC: Media ownership laws to be relaxed

  • This afternoon in the House of Commons (one part of the British Parliament) a committee will be grilling executives from Amazon, Google and Starbucks over the amount of corporation tax they pay in the UK. There is a really quite gorgeous and wonderful part to this story.

    FORBES: The Gorgeous Joy Of Tax Dodging By Starbucks, Google And Amazon

  • The second question is whether the closure of the News of the World will be seen by the media regulator, Ofcom, as making News Corporation, parent company of News International, a more or less fit-and-proper owner of British Sky Broadcasting, the UK's biggest television business (it is Ofcom's statutory duty to adjudicate on that important issue).

    BBC: Big questions for News International

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